Last week, the government reported that hiring remained strong in February, with employers adding 227,000 jobs. While that's a pinch slower than in January, hiring was still better than economists had expected.

The unemployment rate remained at 8.3%, as employers created just enough jobs to make up for new entrants to the labor force.

But three straight months of job growth over 200,000 is considered a strong sign for the recovery going forward. Economists called the report "encouraging," "robust," and even claimed the job market "has turned a corner."